607 Leucadia Blvd - Hospitality FOR SALE
Encinitas, CA 92024 |
607 Leucadia Blvd
Encinitas, CA 92024
HIGHLIGHTS
- Comfort Inn (To Be)/Encinitas, California – Rare opportunity to acquire the Comfort Inn (To Be) in Encinitas, California.
- Minimal PIP/Under Renovation – Starting in February 2022, the hotel has embarked on a major renovation to be converted into a Comfort Inn.
- Significantly Underperforming the Comp Set – The hotel is significantly underperforming its comp set, with a 45.1 RevPAR index as of May 2023 TTM.
- Tremendous Upside – A major destination market for domestic travel, San Diego hotel market has seen remarkable rebound from the Covid Pandemic
- Diverse Demand Generators – The property is in proximity to many major demand generators, including San Diego Botanical Gardens, Legoland and Beaches
- Strong Surrounding Market – San Diego consistently ranks among the top ten regions in the country for its concentration of high-tech companies
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Comfort Inn (To Be) Encinitas Near Legoland
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
34650
STORIES
3
ROOM ENTRANCE
Exterior
BUILDING CLASS
B
YEAR BUILT
1985
PARKING SPACES
82
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
C, Encinitas
APN/PARCEL ID
256-122-21,256-122-60,256-122-61
